MasTec Announces Fourth Quarter and Annual 2021 Financial Results

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Go back to MasTec Announces Fourth Quarter and Annual 2021 Financial Results

MasTec (MTZ) PT Lowered to $110 at Cowen

February 28, 2022 6:22 AM EST

Cowen analyst Marc Bianchi lowered the price target on MasTec (NYSE: MTZ) to $110.00 (from $125.00) while maintaining an Outperform rating.

The analyst commented, "MTZ underperformed peers by >10% after guiding 1Q well below consensus on supply chain, communications footprint investments, and delay of MVP. While... More

MasTec (MTZ) Tops Q4 EPS by 6c

February 24, 2022 6:04 PM EST

MasTec (NYSE: MTZ) reported Q4 EPS of $1.35, $0.06 better than the analyst estimate of $1.29. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.88 billion.

GUIDANCE:

MasTec sees Q1 2022 EPS of ($0.12)-($0.81). MasTec sees Q1 2022 revenue of $1.8... More